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BT Brands, Inc. Common Stock
As of May 30, 2026 at 24:05 UTC
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About BT Brands, Inc. Common Stock
BT Brands Inc operates and owns a fast-food restaurant called Burger Time. Its offerings include a variety of burgers and other affordable items, including sides and soft drinks. The company owns and operates Keegan's Seafood Grille (Keegan's), a dine-in restaurant located in Florida; Pie In The Sky Coffee and Bakery (PIE), located in Massachusetts; and Schnitzel Haus, a German-themed restaurant located in Florida. The company's revenues are derived from the sale of food and beverages at its restaurants.
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Latest News
5 articlesBT Brands (NASDAQ: BTBD) stock plummeted 35% in after-hours trading after the company terminated its planned merger with Aero Velocity Inc. The merger agreement was terminated on May 1 after failing to close before the April 30 deadline when the SEC registration statement was not declared effective. Aero Velocity has disputed the termination, claiming BT Brands lacked the right to end the agreement, though BT Brands believes no termination fees are owed.
Halper Sadeh LLC, an investor rights law firm, is investigating three companies for potential securities law violations and breaches of fiduciary duties. BT Brands is merging with Aero Velocity with shareholders receiving ~11% of the combined entity. KORE is being sold to Searchlight Capital Partners and Abry Partners for $9.25/share. FONAR is being sold to affiliates of CEO Timothy Damician and executives for $19.00/share (Class B) and $6.34/share (Class C). The firm is seeking increased consideration and additional disclosures on behalf of shareholders.
